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March 2018

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In the first fortnight of the month, the CEPEA/ESALQ Index, with payment in 8 days, for cotton type 41-4, delivered in São Paulo, dropped 1.65 per cent and traded at 2.5766 BRL or $0.644 per pound on Feb 12.

Quoting data from CONAB, CEPEA added that Brazilian production of the 2015/16 crop may decrease by 3.6 per cent compared to the previous season and reach 1.51 million tons.

It also informed that acreage may be 10.6 per cent lower from the 2014/15 season, while productivity may reach 1,550 kilo per hectare. (AR)